Prediction: This Will Be the Next Supercycle After AI Memory. 1 Stock to Buy Now Before It Surges 300%.
You've probably never heard of Himax Technologies, but in a few years, its products may sit at the center of a huge tech trend.
Overview
The memory industry has been one of the best-performing slices of the stock market over the past year, with leading chipmaker Micron Technology up by more than 700% to a $1 trillion market cap, and Sandisk up by more than 3,800%. Those two growth stocks likely aren't done climbing, but investors could find new opportunities for massive gains by finding the next supercycle.
While semiconductors have defined AI supercycles so far, actual AI products may govern the next one. Smart glasses could spark the next boom, and Himax Technologies (NASDAQ: HIMX) may be one of the best ways to play it. This under-the-radar stock has the potential to multiply shareholders' money quickly and produce a 300% return once the word gets out.
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Originally published at www.fool.com.